Business Standard

Hyundai Motor hires crack team to catch up on self-driving taxis

This is to compete with rivals like Nissan, General Motors, and tech firms such as Google's Waymo

Autopilot was designed for use on highways with no chance of cross-traffic. Photo: iSTOCK
Premium

Autopilot was designed for use on highways with no chance of cross-traffic. Photo: iSTOCK

Sohee Kim | Bloomberg
In the future of transportation, what would you get if you mixed the business models of Tesla, Google and Samsung Electronics Co with the budget of the world’s fifth-biggest automaker?

Youngcho Chi is about to find out.

Hired from Samsung, Chi has assembled a team of 200 strategists and researchers at Hyundai Motor Co, the 50-year-old South Korean carmaker that fought its way to the top echelon of the auto world and is now struggling to stem flagging sales in some of its biggest markets. His job is to catapult Hyundai into the forefront of technologies that are upending transportation.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in